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, as tragic as it is, brings us a little closer together both in the nation and in washington, that would be a good thing. >> all right. top of the hour. good morning. 6:00 on the east coast, it's wednesday, december 19th. christmas is almost here. >> very respectful dialogue. the nra had a respectful statement. i think a lot of people showing respect on this. >> feel something may be be happening. >> feel some grown-ups, maybe. there are, of course, exceptions. >> there are a few. we have mike barnicle with us. you're not an exception. beautiful piece in "the daily news" today. we'll read that in must read. thank you very much. former treasury officials. mark ratner is with us as well. he has a must read. i'm serious. >> beautiful. >> also in washington, washington anchor for "bbc world news america" katty kay. >> no pieces, sorry. >> you'll write one next time. thank you. so we've got a lot to get to this morning. >> a lot to talk about today. >> those exceptions, what are you talking about? >> just in the conversation about everything you thought there were two exceptions. >> rick perr
>> steve: you have a schism in the republican party. they went to washington. look they are not going to raise on anybody and we'll cut thengs . you have the other faction . republican party saying look, we didn't do so well in the last election . we have to compromise with the president to get something done . that's why john boehner said i don't have a votes mr. #2: if you give me plan b i am vetoing in. republicans were saying we are giving you something and go home. they decided plan b will not pass . they are not coming back until after christmas. mr. boehner said i tried. you cut a trial. newt kning rich sat down with bill clenton and 30 days of one and one negotiation . he said it is time to go back to that. >> my advice to them have every single committee starting january 3rd hold hearings on every lempt waste in the federal government . let the country see all of the different ways to waste money to peck up on can congressman cantor. speaking is the problem and drive issue after issue . we would like to fix the tax rates, and any time the president and democrats want to talk
. lori: a showdown in washington. sparring over a dead deal. it does not look like either party is ready to budge. where are we now, rich we are still in the middle of a work in progress. that could be a little bit of an understatement. democrats say they want a commitment from her republicans. basically, we are in the same spot. here we are at the 11th hour and the president still is not. about dealing with this issue right here. it is this issue. spending. >> the public posturing continues. there is a questioning today about whether or not we get to the point where tax rates are ready to increase on nearly every taxpaying american. the speaker would not comment. back to you. lori: so frustrating. rich edson, thank you so much for that update. lori: we will be on pins and needles for a while. the voters are sending mixed signals. voters think the best way to deal with the countries deficit problem is mostly with cuts and government spending. majorities say major spending cuts are necessary. that solely raising taxes on the wealthy is not enough. even so, the most popular is raise taxes
-year, and this, when we used to go and see greenspan down in washington, he said everything else you have on your ticker, i need to see the 10 year. i need to see that every morning. nothing has happened in the ten year for the last -- i don't know. it's just not as interesting as it used to be to watch. when it's manipulated, it's not that interesting. >> one of the things about qe is that it's volatility. and you have seen implied vols down in all asset classes, including bonds. >> because things normally are volatile, that just shows us once again this is not letting things -- letting the chips fall where they may. >> yeah. i think it's baked into the cake. >> but i think he's on to something. the fact that the fed is there, the fact that the fed is trying to get ahead of the fiscal cliff and we've got these big bond buying programs. and the last time, remember, in august of 2011 when we had the last showdown, what happened? bonds rallied. >> and you said you want this to be fixed. you almost need the markets to be more volatile than they are. >> that's one of the theories that people have thr
of credit to the fed, perhaps, but also feel the debate shifted yesterday in washington. i began to hear way too many people say, you know what the president is curiously unengaged when it comes to cuts. i have always felt the president had the upper hand in this debate. i listened to bernanke and bernanke says, listen, i know they aren't going to come to deal. i see a lot of republicans on air saying we start to understand what they are they want as cuts. not hearing anything from the president. made me feel grim about the fiscal cliff, good about what the fed wants to do, very grim about the power of the fed, beyond what it's already done. >> the "wall street journal"/nbc news poll of americans about the fiscal cliff, some very interesting findings, just to that point, jim, two-thirds polled want congress to strike a deal and cut the budget, even if that means social security and medicare cuts. so, according to this poll, the people are saying, yes, go ahead, cut entitlements and say that obama has a mandate, among those that did not vote for obama, they have -- that they say that there is
big thing is no vacation without legislation. >> right. >> the "washington post" said as of last night, the halls of the capital were virtually deserted. >> cody's the only guy working there. that's embarrassing, isn't it? >> the president is scheduled to go to hawaii a week from today. >> it's boehner and obama. >> there are things, there's a telephone. understand, they have phone service in ohio and hawaii. >> there's an urgency here that dave cody gets. why? because he has said, i'm not hiring until we get this stuff fixed. now, why doesn't that -- well, everybody, the job, small business job creator. come on, man. honeywell hires. that means other towns do great. that means you get into a very virtuous cycle mode. david, it is not about the small businessman. the little businessman doesn't do well unless the big businessman does well. >> who are they selling to? >> honeywell just hired 200 people. >> no doubt about it. >> the opening bell here at the new york stock exchange for a friday. top of the screen, the s&p 500. nasdaq, avago technologies. >> single-family rentals, homes for
. and we can only hope, learned a lesson in the process. >>> and this one's for you, george. as washington man, the gridlock, at least congress doesn't look like this. take a look. nothing gets george like a good parliament stepto. members of the ukrainian parliament couldn't decide who they wanted their next chairman to be. so, of course, this is actually, perhaps, in the bylaws. you fight it out. >> usually, that's taiwan. >> it is more exciting than a thumb war. one guy, yes. it did look like he was trying to crowd surf. we've obviously seen chairs thrown. but not today. perhaps progress, if only incremental. >> boy. let's hope it doesn't come to that in washington. >>> we have a different story here, though. >> we have some chilling, new details about the gunman who went on a shooting spree at an oregon mall earlier this week. we are learning more about the shooter from his ex-girlfriend. abc's neal karlinsky is in portland, oregon, with the very latest on this. neal, good morning. >> reporter: amy, good morning. that's right. we now know a lot more about the shooter this morning. we k
," jim avila, abc news, washington. >> thanks to jim. >>> we're going to turn to the search for an arizona college freshman missing almost a week. he was last seen partying late friday night with members of a fraternity he wants to join. and the missing teen's mom says he was worried about rough hazing during pledge week. abc's linsey davis has the latest. >> reporter: overnight, distraught family and friends came together for a vigil for arizona state university freshman jack culolias, who has been missing since friday night. willing to do anything to find her 19-year-old son, who was last seen at this arizona bar. he was allegedly kicked out after being very intoxicated. he left his cell phone and credit cards behind. >> he normally never would do anything like this. >> reporter: he had been at a social event friday night for a fraternity as a new pledge. the pledging process is something his mother says he was concerned about. >> there was rumor that they were going to put them in a garage, 30 of them, and make them live in this garage. >> reporter: in a statement to abc
this every time in washington. it gets to people after a while. regular people who just hear about it. even if it does not affect them that much. they just start to think, the government cannot do anything right. say they do. say they cut a deal. they come up with some sort of fiscal cliff solution, if you can call it that. what does the economy look like dead? >> i think that regardless of a solution, i think the economy will pick up. it is like a speed trap. you will slow down to some ridiculous slow speed when you go through that town. once you know what the rules of the roads are, you will come back through a little bit faster. connell: what are the things that we are doing right? >> well, the one area that is really picking up is homebuilding. homebuilding will do better. it will do better next year in a matter what happens in the economy. the inventory of new homes is that in inventory low. even if sales pulled even, construction will pick up. i am trying to balance that optimism with the reality when you look at past recessions, recessions are typically caused by policy mistakes. the
like gospel. >> a veteran foreign correspondent first reported his story in "the washington post" and later wrote a book about his life. >> he had no compass by which to judge his behavior. >> he had a compass but the compass was the rules of the camp. the only compass he had. and it was only when he was 23 when he met somebody from the outside that that started to change. >> when he met park? >> when he met park. >> park was a new prison shin says he met while working at camp 14's textile factory. unlike shin, park had seen the outside world. he lived in pyongyang and traveled in china and he began to tell shin what life was like on the other side of the fence. >> translator: i paid most attention to what kind of food he ate outside the camp. >> what kind of food had he eaten? >> translator: a lot of different things. chicken, barbecue pig. the most important thing was the thought that even a prisoner like me could eat chicken and pork if i were able to escape the bashed wires. >> i've heard people define freedom in many ways. i've never heard it defined as broiled chicken. >> t
the "washington post" and abc news. 54% say they favor stricter gun control laws. 43% say they oppose them. the pollsters say they did the survey this past weekend. mostly after the massacre at sandy hook. last night president obama spoke at a vigil in newtown and said the nation has to do more to keep this from happening again. >> in the coming weeks, i'll use whatever power this office holds to engage my fellow citizens from law enforcement to mental health professionals, to parents and educators in an effort aimed at preventing more tragedies like this. >> john: today the white house said gun control is only part of the president's plan. ed henry live at the white house for us. i guess press secretary jay carney wouldn't get too specific about that plan today. >> that's right. look, the president got high marks for those remarks he mentioned last night at that prayer vigil. i was there. across the political spectrum, people were saying it's perhaps struck the right tone. maybe there will be some action. but there is a way to have a reason debate to find out the best solution. jay carney
in washington all week long. >>> ford is issuing recalls for two of its newest and biggest-selling models. the 2013 escape crossover and the 2013 fusion sedan. ford is urging owners to contact their dealers as soon as possible because the eco boost engines can overheat and catch on fire. the recall effects nearly 90,000 vehicles. >>> autism, bing eating, mod disorders and hoarding are being changed in the bible of psychiatry. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of money, so don't overpay for motorcycle insurance. geico, see how much you could save. make a wish! i wish we could lie here forever. i wish this test drive was over, so we could head back to the dealership. [ male announcer ] it's practically yours. test drive! but we still need your signature. volkswagen sign then drive is back. and it's never been easier to get a jetta. that's the power of german engineering. get $0 down, $0 due at signing, $0 deposit, and $0 first month's payment
reported shin's story in "the washington post" and later wrote a book about his life. he had no compass to judge his behavior. >> he had a compass, but the compass were the rules of the camp. and it was only when he was 23, when he met somebody from the outside, that that started to change. >> when he met park. park was a prisoner that he met in camp 14 east textile factory. he had seen the outside world. he lived in pyongyang and traveled in china. he begin to tell shin what life was like on the other side of the fence. >> translator: i paid most attention to what kind of food he ate outside the camp. >> what kind of food had he eaten? >> translator: a lot of things. chicken, barbecue pig. the most important thing was the thought that even a prisoner like me could eat chicken and pork, if i were able to escape the barbed wires. >> i heard people define freedoms in many ways. i never heard someone define it as broiled chicken. >> translator: i still think of freedom in that way. >> really? that's what freedom means to you? >> translator: people can eat what they want. it can be the grea
out of washington. we've got it for you. >>> and wait until you hear just how dire the situation is in detroit. a third of the people on food stamps? almost half out of the labor force? and yes, they want a federal bailout. we're talking about all of this. and a whole lot more with this company: recovering investment banker. charles payne is here and nicole petallides always on the floor of the new york stock exchange. thursday morning, i will say it again, dead flat for the dow jones industrial average. and we have dead flat, the rate on 30 year mortgages from freddie mac actually it's down a tad, 3.32%. how's that for a 30 year? i've been saying this for weeks now, who would have thought. here's another number for you, the u.s. government spent 172 billion dollars more than it took in, during november alone. that means we're very likely headed for another trillion dollars annual deficit. that would be the fifth straight. the national debt, 16.37 trillion dollars. president obama apparently not concerned. he wants more spending. now, look at this. new poll from fox news, the que
without finishing their project. >> a couple good poll numbers out today. abc/"the washington post" if we went off people would blame gop by two to one margin and then the pew poll. 49% do not believe a deal will be reached. 40% say a deal will be reached. >> i just know that if you're a republican, there's a primary. if you are going to run in that primary going forward, you'll have no problem provided you pledge to norquist not to raise taxes and you don't. these guys don't worry about primaries. they don't care about what the republicans -- they don't even think themselves as republicans. they think of themselves as anti-tax people. and they feel they pledged to their constituents that they're won't be any tax. that's all they care about. >> they're $800 billion plus into a deal. >> i guess the gap has been -- >> right. it's been narrowed. >> every offer is something. >> both of the offers were exactly what both sides promised during the campaign. they're still not willing to get off the stump. i think they believe we're no closer than where we were last year. >> didn't it take your br
forecast is coming up. >>> and we're seven days away from going off the fiscal cliff and with washington in a political gridlock we're getting closer and closer. the question, how will it affect you and your paycheck? >>> the images, the words, the names, highlights and low lights of 2012. "newsroom" starts now. >>> good morning to you. i'm carol costello wishing you and yours a merry christmas and we begin with pope benedict xvi using his an i'll christmas message to speak about the hope for peace even in the most difficult times and situations. >> translator: in this world there's a good soil which god has prepared -- >> just hours ago the 85-year-old pope spoke to a crowd in st. peter's square and millions of others watching around the world. he said even in syria, a nation embroiled in a nearly two-year long civil war peace is possible. >> translator: yes, peace for the people of syria. deeply wounded and divided by a conflict which does not spare even the defenseless. and reaps innocent victims. once again, i appeal for an end to the bloodshed. easier access for the relief of refuge
restaurants and nightlife and shopping and washington street was not flooded. many of our businesses have been impacted by the closure of the path, 60%. some businesses are reporting as much as 60% down in business. my main concern is the 200 or so businesses off of washington street who are struggling to either stay open, operating in an alternate location or potentially over the next several months could be forced to close down. that's my focus right now. >> i understand there was $1 hundred million in damage in hoboken. what is the main source of revenue for helping people get back to work and get back to business? >> well, for businesses the only option for them from the federal government is an sba loan, and that sba loan is either at 4% or ironic at better credit at 6%. in this economic climate when businesses have already taken loans, they just can't afford to take on so much more debt. i was advocating today for direct grants for the businesses, which is not currently available, for much lower loan rates. i mean, for an individual you can get a rate of 1.6%. can we do that for business
." >> announcer: from nbc news in washington, the world's longest running television program, this is "meet the press" with david gregory. >> good sunday morning. it's been nine days since the tragic shooting at sandy hook elementary in newtown, connecticut and the debate over gun control has been revived. here with us exclusively this morning, the man at the ten ter of that debate, the ceo and executive vice president of the nra, wayne lapierre. i want to get right to it. >> the only thing that stops a bad guy with a gun is a good guy with a gun. >> you proposed armed guards in school. we'll talk about that in some detail in a moment. you confronted the news media, you blamed hollywood and the gaming industry but never once did you concede that guns could actually be part of the problem. is that meaningful contribution, mr. lapierre, or a dodge? >> david, i said what i honestly thought and what hundreds of millions of people all over this country will believe will actually make a difference. i can't imagine a more horrible tragedy. we all have 5-year-olds in our family in some way. we all
. boston, about 50. washington, d.c. about 54. we'd like to remind you, we need your help to collect coats for the coat drive this winter. you can drop them off at a burlington coat factory. >>> and coming up, the latest on that little monkey lost at ikea. where is he now? >> what a darling. . because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind hd 3. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. of washington about the future of medicare and social security. anncr: but you deserve straight talk about the options on the... table and what they mean for you and your family. ancr: aarp is cutting through all the political spin. because for our 37 million members, only one word counts. get the facts at earnedasay.org. let's keep medicare... and social security strong for generations to come. ♪ ♪ [ girl ] dear santa... ♪ dear santa
children. >> i'm corporal brett bass. i'm from seattle, washington. i want to say merry christmas, to my parents and my friends. and good morning, america. >> i'm from puerto rico and florida. i want to say merry christmas to my family in puerto rico. to my wife, my daughter. ♪ ♪ ♪ ♪ [ female announcer ] nothing gets you going quite like the power of quaker oats. today is going to be epic. quaker up. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. till you finish your vegetables. [ clock ticking ] [ male announcer ] there's a better way... v8 v-fusion. vegetable nutrition they need, fruit taste they love. could've had a v8. or...try kids boxes! could've had a v8. he i
Search Results 0 to 23 of about 24 (some duplicates have been removed)